Research
5 March 2021 NEW!
The correction experienced by the JCI yesterday was in line with the weakening experien...
Research
4 March 2021
JCI continued to strengthen throughout this week, although the movement seemed to be li...
5 March 2021 NEW!
The correction experienced by the JCI yesterday was in line with the weakening experienced by the majority of global exchanges. The figure for Indonesia's foreign exchange reserves in February is also projected to decline. The JCI movement today is estimated to be in the range of 6,270 - 6,394.
4 March 2021
JCI continued to strengthen throughout this week, although the movement seemed to be limited. Various stimuli related to credit relaxation and dividend tax have become positive catalysts for the stock market. For today, the JCI is estimated to be at the level of 6,300 - 6,400.
3 March 2021
JCI seems to have started moving away from the consolidation phase after strengthening earlier this week. However, the depreciation of Rupiah against US Dollar and slowing economic data have the potential to put pressure on the market. For today, JCI is expected to move with a tendency to weaken in the range of 6,270 - 6,388.
2 March 2021
The strengthening of JCI yesterday was in line with the majority of global and regional exchanges that closed green. Although the early month's economic data weakened slightly, sentiment from the US stimulus seemed more dominant. For today, JCI is expected to be in the range of 6,300 - 6,400.
1 March 2021
Although during the month of February, JCI was able to strengthen 6.47%, however the majority of these increases occurred only in the first week and tended to be sideways afterwards. Entering March, market players will be watching the release of routine economic data such as the Inflation rate and Manufacturing PMI. JCI movement today is expected to be in the range of 6,200 - 6,314.
